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Technology Authority Jim Turley Joins Board of Patriot Scientific; Former Advisory Board Member Becomes Director of Innovative Microprocessor Company.


SAN DIEGO -- Patriot Scientific Corporation Please help [ improve this article] by expanding it.
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 (OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
: PTSC PTSC Provisioning Technical Service Committee (Oasis)
PTSC Pentagon Telecommunications Service Center
PTSC Parent Teacher Student Conference
.OB), -- a company that specializes in developing and licensing high-performance ultra-low power microprocessor technology -- has named Jim Turley to the Board of Directors. Turley is an acknowledged authority on microprocessor chips, semiconductor intellectual property, computers, and silicon technology. Previously, Turley had served on the Company's Advisory Board.

"We are pleased to have Jim join us on Patriot Scientific's Board of Directors," Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  David H. Pohl said. "This new position will enable Jim to participate directly at a policy-making pol·i·cy·mak·ing or pol·i·cy-mak·ing  
n.
High-level development of policy, especially official government policy.

adj.
Of, relating to, or involving the making of high-level policy:
 level and provide the other Directors with the benefit of his considerable technological insight and expertise as we guide our Company through this dynamic period of transition and growth."

Turley, the editor of Silicon Insider, is the author of seven books, and has been editor of the prestigious industry journal Microprocessor Report, where he was three-time winner of the Computer Press Award. He is a frequent speaker at industry events, and is often quoted in The Wall Street Journal, New York Times, and the San Jose Mercury News The San Jose Mercury News is the major daily newspaper in San Jose, California and Silicon Valley. The paper is owned by MediaNews Group. Its headquarters and printing plant are located in North San Jose next to the Nimitz Freeway (Interstate 880). . A former senior executive at a global semiconductor IP corporation, where he was responsible for three high-tech acquisitions, and a successful IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. , Turley currently serves on several technical advisory boards for high-tech companies in the U.S. and Europe, as well as serving on the Advisory Board for Embedded Systems Conference (ESC See escape character and escape key. See also ESC/P.

ESC - escape
) and the Microprocessor Report.

Turley's areas of technology expertise include:

--Microprocessor chips

--Intellectual property

--Silicon/semiconductor technology

--Consumer electronics

--Automotive electronics

--Video games/consoles

--Home/household electronics

"Jim's knowledge of the microprocessor industry will be a welcome addition to the various talents and experience already represented on our Board," Pohl continued. "We are looking forward to his participation as we continue our efforts to protect and commercialize our valuable intellectual property and patents." Patriot Scientific's jointly owned patent portfolio, the Moore Microprocessor Patent (TM) Portfolio, has been successfully licensed to Intel, HP and AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. . Disbursements received by Patriot as a result of these licensing agreements have generated nearly $24 million in revenue for Patriot.

Ten days ago the Company announced the retirement of all remaining debentures and the buying back of what could amount to up to approximately 20 percent of the Company's total outstanding stock warrants. Last week -- in a move virtually unprecedented for a microcap on Wall Street -- Patriot announced a dividend of $0.02 per share payable to shareholders of record as of February 24, 2006.

Based on these licenses and other key factors covered in recent SEC filings, Patriot Scientific currently has a market cap of approximately $127.68 million dollars as of close of trading on February 17, 2006 - up from approximately $25 million last month.

With these successful license negotiations as precedent, the Company -- through its marketing alliance with The TPL 1. TPL - Table Producing Language. "The Bureau of Labor Statistics Table Producing Language (TPL)", R.C. Mendelssohn, Proc ACM Annual Conf (1974).
2. TPL - Fleming Nielson. A concurrent functional language.
3.
 Group's Alliacense division -- is actively and confidently negotiating for licenses with other U.S. and foreign companies whose products include high speed microprocessors. More than 150 of these companies have been put on notice of likely patent infringement. These include practically every high-tech consumer electronics manufacturer and systems integrator in the global marketplace.

About Patriot Scientific

Patriot Scientific (OTC Bulletin Board: PTSC.OB) has emerged as an effective and dynamic intellectual property licensing Company, developing and marketing innovative and proprietary semiconductor technologies. The Company's jointly owned MMP MMP Matrix Metalloproteinase (enzymes related to tissue healing/remodeling and cancer cell metastasis)
MMP Mixed Member Proportional (New Zealand electoral system)
MMP Multi-man Publishing
 patent portfolio of proprietary designs encompasses what is believed to be fundamental ultra-low-power array microprocessor technology, as well as pending patents designed to protect Patriot's proprietary technology.

Detailed information about Patriot Scientific can be found on the website www.ptsc.com. Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may be found at www.hawkassociates.com and www.americanmicrocaps.com. An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/patriot/profile.htm.

About the Patent Portfolio

The MMP patent portfolio contains intellectual property that became jointly owned by publicly held Patriot Scientific Corporation and the privately held Technology Partners Ltd. (TPL). Moore Microprocessor Patent and MMP are trademarks of TPL. Both TPL and Patriot assert that their jointly owned patents have long been essential to the design of advanced microprocessors, digital signal processors, embedded processors and system-on-chip devices. Global sales of end products deploying chips using technologies protected by the jointly owned patents are estimated to be greater than $200 billion annually.

While major microprocessor manufacturers such as Intel (NasdaqNM: INTC INTC Intel (NASDAQ symbol)
INTC Intercept
INTC Interrupt Controller
) and Advanced Micro Devices (NYSE NYSE

See: New York Stock Exchange
: AMD) were early portfolio licensees, the latest announcement of a license with HP (NYSE, Nasdaq: HPQ HPQ Hewlett-Packard Corporation (NYSE)
HPQ High Priority Queue
) indicates that Alliacense is now focusing its licensing efforts on system manufacturers.

Safe Harbor statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the Company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the Company's Securities and Exchange Commission filings.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 21, 2006
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